$130,000 $120,000 $45,000 Given: Cash balance, December 1 December cash collections from sales December cash disbursements for inventory purchases December cash disbursements for operating expenses Dividends paid in December Sale of old equipment in December Depreciation expense December $6,000 $12,000 $10,000 $5,000 Required: Prepare a cash budget for the month of December ( Show all your calculations)